ITBrief Australia-IWD 2024: Bridging the Gender Gap with ChatGPT
Source: ITBrief Australia
Technology startups often emerge when someone has a good idea or when a group of college graduates mastermind an innovation to address a gap or solve a business problem. Many tech startups are bootstrapped, but as I was privy to in December 2022, some are just based on an idea, like one centered around ChatGPT, where the goal was to build solutions that complement its capabilities.
In 2022, I listened to a pitch by a man who talked about what ChatGPT could do to an audience of 30 or more investors. As he explained its ability to write, design, and reimagine, the audience was frothing at the mouth. The pitcher’s aim was to raise $20 million to build solutions that complement ChatGPT and use GPT-3, the most updated version at that time. Among the investors was a group of women tech founders who were particularly intrigued by its potential to change the landscape. Days later, I asked one of the organizers, “How much did they raise?” The answer: We fell short. We raised US$12 million, but we still have some more follow-up to do.
Source: ITBrief Australia
